Multiple Choice
A 60-day note dated April 1 was turned over to the bank for discounting on April 21. The number of days used in computing the dollar amount of the discount is
A) 20.
B) 40.
C) 60.
D) 30. 20 days had elapsed from April 1 to April 21.
Correct Answer:
Verified
Correct Answer:
Verified
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